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Andrews Vows Full Term | Socceroos beat elections | 'Down with Xi' Protests | JobSeeker Gets Annual Review | Black Friday | Ukraine says Russian attacks genocide | $A & Oil Down; Iron, Dow Up

Source : PortMac.News | Independent :

Source : PortMac.News | Independent | News Story:

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28-11-22 | 'Danslide' | 'Down with Xi' | Jobseeker | $A Down
Andrews Vows Full Term | Socceroos beat elections | 'Down with Xi' Protests | JobSeeker Gets Annual Review | Black Friday | Ukraine says Russian attacks genocide | $A & Oil Down; Iron, Dow Up

News Story Summary:

Latest updates on Key Economic Indicators:

Aussie $: $0.6718 USD (down $0.0047 USD)

Iron Ore (SGX): $99.75 (up $3.95 USD)

Oil (WTI): $76.28 USD (down $1.68 USD)

Gold: $1,754.00 USD (down $1.10 USD)

Copper (CME): $3.6175 (down $0.0125 USD)

Bit-coin: $16,555.57 (up 0.43%)

Dow Jones: 34,347.03 (up 152.97pts)

All changes compared to 7am Friday, except Bit-coin.

 Ukraine War:

 Ukraine nuclear boss says he sees signs Russia may leave occupied plant:

 The head of Ukraine's state-run nuclear energy firm said on Sunday there were signs that Russian forces might be preparing to leave the vast Zaporizhzhia nuclear power plant which they seized in March soon after their invasion.

Such a move would be a major battlefield change in the partially-occupied southeastern Zaporizhzhia region where the front line has hardly shifted for months. 

"In recent weeks we are effectively receiving information that signs have appeared that they are possibly preparing to leave the (plant)," Petro Kotin, head of Energoatom, said on national television.

"Firstly, there are a very large number of reports in Russian media that it would be worth vacating the (plant) and maybe worth handing control (of it) to the (International Atomic Energy Agency - IAEA)," he said, referring to the United Nations nuclear watchdog. "One gets the impression they're packing their bags and stealing everything they can."

 Kherson civilians evacuated as Russia intensifies bombings:

 Russian forces are intensifying their shelling of Kyiv-controlled territories in the Kherson region, as Ukrainian authorities evacuate civilians to safer areas.

Yaroslav Yanushevych, the regional governor of Kherson, said on Sunday that Russian forces shelled the region 54 times during the past day, using “terror tactics.” Moscow’s troops “purposefully hit civilians in the region,” he said.

According to the official, one resident was killed, and two more persons were injured, including a child.

During their retreat, Russian forces destroyed or seriously damaged the energy, water supply and communication infrastructure in the Kherson region, which the Ukrainian authorities have been busy fixing after the liberation.

Yanushevych said in a separate post on social media on Sunday that power workers “have done the impossible.”

“Just two weeks after the liberation of Kherson, electricity began to appear in the city,” he said.

 The first Ukrainian restaurant YOY opened in Dubai:

 “Our task is to convey Ukrainian culture through gastro diplomacy,” marketing manager Oleg Sadkovskyy said.

YOY has a permanent menu plus dishes that will change depending on the chef – the restaurant plans to bring in 10-12 Ukrainian chefs a year.

The restaurant will offer borscht from the oven, banoche with chestnuts, dumplings with asparagus and truffle sour cream, dumplings with cherry, cheese with fir jam.

The menu has a large number of drinks with “Unexpected taste”. For example, ryazhenka from a wood-fired oven, which is served with baked pumpkin, chips and Jerusalem artichoke, or author’s kvass on rye bread.

There is also an alcoholic menu – horseradish with 10 ingredients, pepper with honey, cherry and coffee liqueur, and smoked pear tincture aged in oak.

Andrews vows to serve full term

The Australian - Page 1 & 4 : 28 November 2022 - Original article by Rachel Baxendale - Portmac.News Summary

 Victorian Premier Daniel Andrews has described winning government as "A great gift" and an amazing responsibility, following his historic third election win.

Labor is set to have at least 52 seats in the state's lower house, with six seats still in doubt; the Coalition in turn has won at least 25 seats, with the National Party gaining three regional seats that were previously held by independents.

However, minor parties appear set to hold the balance of power in the upper house.

Meanwhile, Andrews says he is committed to remaining in office for the full four-year term of the new state parliament.

Andrews will shortly surpass John Cain Jr as Victoria's longest-serving Labor premier.

 Socceroos' ratings put poll coverage to sleep

The Australian - Page 20 : 28 November 2022 - Original article by Sophie Elsworth - Portmac.News Summary

 Ratings data from OzTAM shows that SBS's coverage of the Socceroos' 1-0 win against Tunisia in the World Cup attracted 267,000 viewers in Melbourne on Saturday night.

In contrast, the ABC's coverage of the Victorian election attracted just 198,000 viewers, while Nine's election coverage boasted 109,000 viewers.

Some 68,000 people in Melbourne watched the Seven Network's election coverage, and 79,000 people tuned in the election broadcast of Sky News.

Channel Ten opted for regular programming, and provided an election update at 10:30pm.

 PM gives ground to pass IR bill

The Australian - Page 1 & 2 : 28 November 2022 - Original article by Ewin Hannan - Portmac.News Summary

 The Secure Jobs, Better Pay Bill is set to pass the Senate after the federal government struck a deal with independent senator David Pocock following lengthy negotiations.

Pocock has secured a number of concessions, including an increase in the threshold for small businesses to be exempt from multi-­employer bargaining ­from 15 employees to 20.

The Greens have also agreed to support the bill after gaining some concessions.

Prime Minister Anthony Albanese has described the deal with Pocock as a "Huge day for working people", although business groups say the concessions have not alleviated their concerns that the industrial relations reforms may result in more

Pressure to lift JobSeeker gets annual review

The Australian Financial Review - Page 12 : 28 November 2022 - Original article by John Kehoe - Portmac.News Summary

 Independent senator David Pocock claims that Australia is the third-worst country in the OECD when it comes to social security payments, claiming that one in six young Australians lives in poverty.

Pocock's deal with Labor in return for his support of its industrial relations legislation will see an annual review of the adequacy of payments to the unemployed and other welfare recipients.

Pocock has been calling for an increase in the JobSeeker payment, which is just $668.40 a fortnight for singles; with business and community groups claim that it is too low.

LNP pushing for united no to voice

The Australian - Page 7 : 28 November 2022 - Original article by Greg Brown, Geoff Chambers - Portmac.News Summary

 Members of Queensland's Liberal-National Party state council have passed a motion calling on the federal Coalition to oppose an indigenous voice to parliament in any coming referendum.

Federal Opposition leader Peter Dutton attended the state council but it is understood he was not present when the motion was put.

Dutton is under increased pressure to commit his MPs to a unified 'No' vote on the voice issue, rather than allowing them to have a conscience vote, as recently called for by Liberal senator Andrew Bragg.

 Tink takes aim at low-quality fuel

The Australian - Page 2 : 28 November 2022 - Original article by Sarah Ison - Portmac.News Summary

 Independent federal MP Kylea Tink is to table a private members' bill that calls for new vehicles to meet European fuel standards by 2025.

Tink says Australian cars are running on some of the dirtiest petrol in the world, while she notes that figures from 2015 revealed that 620 Australians died because of transport-related air pollution.

A Productivity Commission report in 2016 found that moving to petrol of a higher standard would save Australians $500 a year.

 Cyber black market selling hacked ATO and MyGov data

abc.net.au - Page Online : 28 November 2022 - Original article by Sean Rubinsztein-Dunlop, Echo Hui, Sarah Curnow, Kevin Nyugen - Portmac.News Summary

 A media investigation has revealed that the records stolen during the hacks of Optus and Medibank represent just a tiny amount of the confidential records of Australians recently stolen by cyber criminals.

They include the details of an alleged assault of a Victorian school student by their teacher, logins for Australian Taxation Office accounts, and the medical data of thousands of NDIS recipients.

CyberCX director of cyber intelligence Katherine Mansted says that the "Black economy" in stolen data and hacking services is by some measures the third largest economy in the world, surpassed only by the US and Chinese economies. 

Flood-hit regions face infrastructure crisis

The Guardian Australia - Page Online : 28 November 2022 - Original article by Christopher Knaus - Portmac.News Summary

 The NSW government estimates that 10,000 kilometres of roads have been impacted by flood and rain damage, and that repairs to roads will take "Many months".

The Australian Rail Track Corporation says it is undertaking aerial inspections to ascertain the extent of flood damage to its rail network, and that it is too early to determine the cost of repairs.

The National Farmers' Federation has suggested it will take months if not years to repair road and rail infrastructure, with the cost of repairs expected to be in the billions.

 Shoppers set a Black Friday sales record

The Australian Financial Review - Page 23 : 28 November 2022 - Original article by Simon Evans - Portmac.News Summary

 The Australian Retailers Association expects consumers to spend about $6bn in the four-day Black Friday and Cyber Monday sales.

CEO Paul Zahra says many shoppers had carefully planned their purchases before the annual sales event, noting that some shopping will have been brought forward ahead of Christmas.

He adds that 2022 will be the first Christmas that Australians will be able to celebrate with no COVID-19 restrictions in place.

Harvey Norman's executive chairman Gerry Harvey says computers and electronics have been the most popular items in the retailer's Black Friday sales.

 Inflation curbs online shopping craze

The Australian - Page 15 : 28 November 2022 - Original article by Jared Lynch - Portmac.News Summary

 DHL Express Australia CEO Gary Edstein says the parcel delivery company is not expecting as busy a 2022 Christmas period as the last couple of years.

He says people are now buying goods at bricks-and-mortar stores after a number of years of lockdowns, while higher inflation and increased interest rates has meant there is less discretionary income available for online shopping.

However, he says business-to-business deliveries have strengthened as firms take advantage of several free-trade agreement, while he says commercial airfreight parcel delivery capacity is unlikely to return to pre-pandemic levels for another 18 months.

 CEFC deal to lower rates on EV loans

The Australian Financial Review - Page 27 : 28 November 2022 - Original article by Colin Packham - Portmac.News Summary

 The Clean Energy Finance Corporation has struck a deal with Taurus Motor Finance that will see eligible motorists receive reduced interest rates on loans for electric vehicles that cost less than $90,000.

The deal represents part of the federal government's efforts to encourage more people to buy EVs, with it having already moved to exempt low and zero-emission vehicles from fringe benefits tax.

EVs account for just over 3% of new car sales, and Australia's EV adoption rates are among the lowest in the world

 Ark confident smaller wind farm will win tick

The Australian Financial Review - Page 14 : 28 November 2022 - Original article by Mark Ludlow - Portmac.News Summary

 Ark Energy has scaled back its $1 billion Chalumbin wind farm in northern Queensland from 200 turbines to 86 in a bid to assuage local concerns and to secure agreement from federal Environment Minister Tanya Plibersek for the project.

However, the Stop Chalumbin Wind Farm group remains committed to fighting the project, which would be adjacent to World Heritage-protected rainforests.

The group contends the scalded-back project still has the potential to destroy the ecosystem of animals such as the spectacled flying fox, the northern greater glider and the masked owl.

Sky's the limit for top brand

The Australian - Page 19 : 28 November 2022 - Original article by Sophie Elsworth - Portmac.News Summary

New figures show that Sky News Australia's YouTube account now boasts more than three million subscribers, making it the most popular Australian media brand on the video-sharing platform.

The data also shows that Sky News is the most engaged local TV news channel on Facebook, reaching more than 6.4 million Australians each month via its Facebook page.

Sky News CEO Paul Whittaker says local and international audiences are seeking out and engaging with the company's online news content.

SBS makes tech trade-offs to avoid 'Floptus' World Cup disaster

The Australian Financial Review - Page 37 : 28 November 2022 - Original article by Paul Smith - Portmac.News Summary

 SBS is the sole broadcaster in Australia of the 2022 World Cup, with Optus now involved in other soccer broadcasts.

Optus Sport was the initial broadcaster of the previous World Cup in Russia in 2018, but problems with streaming meant it had to hand over coverage to SBS, with some fans dubbing Optus's efforts as "Floptus".

SBS has made some technical trade-offs to avoid the problems that afflicted Optus, with the most notable feature absent being the ability to start a stream of an ongoing live game from the beginning, or to fast-forward or rewind the coverage in a live game.

 Jailed journo in limbo over visit

The Australian - Page 19 : 28 November 2022 - Original article by Sophie Elsworth - Portmac.News Summary

 Detained Australian journalist Cheng Le has not had a visit from Australian consular officials since 23 September, due to COVID-19 restrictions in Beijing.

Cheng, who is a former anchor for Chinese state-run English language news channel broadcaster CGTN, was arrested and detained in August 2020 over claims she provided state secrets.

She has been in a Beijing jail since then, while a verdict in her trial has been delayed until 2023.

Department of Foreign Affairs and Trade officials stated on 25 November that they have requested a visit to see her in December.

 New Twitter signups at an all-time high, says Musk

The Age - Page Online : 28 November 2022 - Portmac.News Summary

 Twitter CEO Elon Musk says the social media platform averaged over two million new signups a day in the week to 16 November, an increase of 66% over the same period in 2021.

Musk also said that active user minutes were at an all time high, while hate speech impersonations decreased as of November 13 when compared to October 2021.

His comments come as advertisers leave Twitter and users go to other platforms, due to concerns over hate speech and verification.

Auction numbers up, clearance rates down

The Australian Financial Review - Page 13 : 28 November 2022 - Original article by Michael Bleby, Bonnie Campbell - Portmac.News Summary

 Preliminary data from CoreLogic shows that Sydney's residential auction clearance for the week to Saturday was 64.2%, down from 67.5% a week earlier.

The preliminary clearance rate in Melbourne fell to 61%, with the number of homes scheduled for auction dipping to 987 as Victorians went to the polls.

The preliminary national clearance rate was 61.5%, compared with 63.1% a week earlier.

The number of properties listed for auction nationwide rose to 2,393; some 2,560 homes are slated to go under the hammer this week.

 ASX China worries to weigh on shares

The Australian Financial Review - Page 30 : 28 November 2022 - Original article by Tom Richardson - Portmac.News Summary

 Futures pricing suggests that Australian equities will shed about 0.1% when the market opens on today.

A mixed lead from Wall Street and new concerns about COVID-19 in China are expected to weigh on local investors.

Meanwhile, investors will be awaiting the upcoming release of Australia's inflation data for October and CoreLogic's home price data for November, as well as non-farm payroll data in the US.


'News Story' Summary By : Staff-Editor-02

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